The UK government is preparing to fully nationalize British Steel as financial losses continue to escalate, according to reports. The move comes nearly a year after emergency measures allowed the gove...

OECD has reported that the *global economic outlook remains stable but weakened* due to rising energy prices and geopolitical tensions. Growth outlook* *Global GDP growth projected at 2.9% in 2026* ...

Severstal has revised its 2026 budget downward in response to *deteriorating global steel market conditions*. Cost-cutting measures* The company announced: *Repair budget reduced by 14%* *Capital ...

Coal India Limited has announced plans to build *eight new coal washeries with a total investment of $348 million*, aimed at increasing supply to key industries including steel. *Capacity expansion* ...

The European Commission has initiated a safeguard investigation into imports of grain-oriented electrical steel to determine whether *protective trade measures are needed*. Imports more than double* ...

The Spanish government has unveiled a *€5 billion anti-crisis package* aimed at supporting industry and mitigating the impact of rising energy costs driven by geopolitical tensions. According to offi...

The United States has initiated a new trade investigation into potential circumvention of steel duties involving Vietnam and Indonesia. The *US Department of Commerce* is examining whether *corrosion...

India has eased restrictions on liquefied petroleum gas (LPG) supply to support *steel and other priority industries*, following disruptions linked to the Middle East conflict. The government will no...

The UK government has introduced new procurement rules that *prioritize domestic steel in public contracts*, aiming to enhance *national security and supply chain resilience*. Under the new policy, *...

German steelmaker Thyssenkrupp Steel has announced a *€2.4 million investment* to expand its laboratory infrastructure in Duisburg, supporting the transition to low-carbon steel production. The new f...

The Indian government has approved *three pilot projects using green hydrogen in steelmaking*, backed by approximately *$42 million in funding* under the National Green Hydrogen Mission. The projects...

The United States and Mexico have officially launched preliminary discussions ahead of the *mandatory July 1, 2026 review of the USMCA*, marking the first test of the agreement’s six-year review mecha...